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Nov 13, 2012
11/12
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that's the environment we live in in the uk, and totally allow the uk budget to keep increasing year after year after year. austerity is being imposed on many member states when we're seeing cutbacks to many other essential public services is completely understandable. i'm sure you and david cameron would disagree on a way forward. thank you. [speaking in native tongue] >> translator: ms. harms. [speaking in native tongue] >> translator: i would like to point out, i don't see the uk as strong but as a country which requires them come into the reforms very much, seems to be de-industrialized. i don't think with an anti-european position they can steer this country on a healthy course. secondly, tomorrow i will be traveling to greece. so i've taken a close look at the current situation, and i think you must admit finally that with reform attempts that they've exhausted everything. they have cut pensions, cut wages, within germany, wasn't imagined. is pure austerity policy. directed from germany. and during the times of the world's worst economic crisis that will end in a disaster. and
that's the environment we live in in the uk, and totally allow the uk budget to keep increasing year after year after year. austerity is being imposed on many member states when we're seeing cutbacks to many other essential public services is completely understandable. i'm sure you and david cameron would disagree on a way forward. thank you. [speaking in native tongue] >> translator: ms. harms. [speaking in native tongue] >> translator: i would like to point out, i don't see the uk...
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Nov 16, 2012
11/12
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CNBC
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is the environment todayyee i f still a good place to in more or less friendly? >> there is no compare ton. when mr. putin came in, he changed the tax code which made a huge difference.ie ton. when mr. putin came in, he changed the tax code which made a huge difference. it was 13% flat tax, corporation tax 24% and suddenly you couldn't invest in companies because could you understand what was in the financials of the company. so accounting firms grew. advisory firms grew and the market became a much better place to invest. so today i don't believe there is a huge difference. you just have to understand the environment. >> so does it create opportunities? if you're looking around the world and not seeing a lot of attractive places, should russia be one of them? >> russia should be. it's growing at 4%. it's the biggest consumer market in europe. so there is enormous amount of opportunity. the problem has been and continues to be the perception western investors have about investing there. so there is this sort of idea that if you invest in russia, you'll lose your
is the environment todayyee i f still a good place to in more or less friendly? >> there is no compare ton. when mr. putin came in, he changed the tax code which made a huge difference.ie ton. when mr. putin came in, he changed the tax code which made a huge difference. it was 13% flat tax, corporation tax 24% and suddenly you couldn't invest in companies because could you understand what was in the financials of the company. so accounting firms grew. advisory firms grew and the market...
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Nov 16, 2012
11/12
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a lot of people regulate in this environment and we feel like not everybody is talking to each other. however, this report is going to have a large of discussion here people will disagree with the chronology. some will disagree with the findings. but we hope is the solutions, because everybody recognizes the fact that the money went missing and that's a flawed and needed to fix that. so as the solutions come forward, some may not require congress to act. the industry itself may take the perp reactions. some may require beneath enabling legislation for the solution. if they do, we will bring that forward. yes, sir. >> you charge about how the answer is not a regulation that existing was better. he proposed several roles in the last several weeks about the scandal and also development -- >> well, one of the things that came out of that number one, don't use the alternative method. i think it's a good ting on their behalf. but we do hope is the regulatory community is doing a self-examination of coming in zero, this process as well. we hope this will provide additional information. they
a lot of people regulate in this environment and we feel like not everybody is talking to each other. however, this report is going to have a large of discussion here people will disagree with the chronology. some will disagree with the findings. but we hope is the solutions, because everybody recognizes the fact that the money went missing and that's a flawed and needed to fix that. so as the solutions come forward, some may not require congress to act. the industry itself may take the perp...
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Nov 17, 2012
11/12
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FOXNEWS
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i believe we have an environment that will lend itself to us really doing that. it will be an extraordinary thing. you are right. it will not be easy. because -- you be, the federal government is still facing extraordinary deficits. i mean, we have a trillion-dollar-a-year deficit. we have to keep that in mind so that when the speaker talks about putting revenues on the table that in return, we actually can tell the people of this country that we are going to stop doing what we are doing and actually fwin to pay down the debt. so the tax code, i believe is the tool for us to grow. if we can implement pro-growth tax return, we will see entrepreneurs, investors put their money to work and grow this economy, create more jobs. that's -- that will be a significant piece of trying to go and manage down this debt and deficit. so all of the stars can aline if we can actually come together, set aside the differences and decide we are going to deliver a result for the people. >> greta: is there any cultural adjustment we can do within the federal government? i point to sen
i believe we have an environment that will lend itself to us really doing that. it will be an extraordinary thing. you are right. it will not be easy. because -- you be, the federal government is still facing extraordinary deficits. i mean, we have a trillion-dollar-a-year deficit. we have to keep that in mind so that when the speaker talks about putting revenues on the table that in return, we actually can tell the people of this country that we are going to stop doing what we are doing and...
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there's a roughly about a fifty percent of genetic input into psychopathy put we need to know how the environment switches on their nodes genes need usually of a foreign or a usually for traumatic childhood or events in those formative years in their childhood which switched to killer genes or various and kevin dunn thank you very much for being with us tonight absolute pleasure thanks for having me thinks now everything you know about psychopaths and success is right. coming up remember on election night when karl rove question fox news this call that ohio had gone for president obama well it turns out a hacker group extraordinary anonymous may have had something to do with that and tell you how anonymous might have taken on the rove machine inside the daily take. out. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harvey welcome to the big picture. here is mitt romney trying to figure out the name of tha
there's a roughly about a fifty percent of genetic input into psychopathy put we need to know how the environment switches on their nodes genes need usually of a foreign or a usually for traumatic childhood or events in those formative years in their childhood which switched to killer genes or various and kevin dunn thank you very much for being with us tonight absolute pleasure thanks for having me thinks now everything you know about psychopaths and success is right. coming up remember on...
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Nov 16, 2012
11/12
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the job of government is to provide an environment in which our citizens can live their lives knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this that the chairman described. there was a failure of government to protect these people, and the results of this investigation, fulfilling congress' obligation to oversight, tell us we have many opportunities to improve and provide better protection, and these opportunities run the gamut from following the behavior of those who are in charge at entities like mf global to monitoring and modifying the ways in which the rating agencies do their business, do their job. there have been so many failures in so many ways, not only at an f global, but at other similar stories in recent history. one common strand seems to be that we need to provide our regulators with better tools to pursue the enforcement of law that existed prior to the massive imposition of dot-franc pit which did not have infinite resources and united states, nor in our f
the job of government is to provide an environment in which our citizens can live their lives knowing that they will not be subject to nefarious actions by others. in the case of the farmers and ranchers, the terrible stories, thousands of stories like this that the chairman described. there was a failure of government to protect these people, and the results of this investigation, fulfilling congress' obligation to oversight, tell us we have many opportunities to improve and provide better...
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Nov 16, 2012
11/12
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in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a. don't hold them in your taxable account. >> let's channel our inner howie mandel, deal or no deal on the fiscal cliff? >> we think deal but not this year. we think there will be a deal around the framework potentially but that the real tax and entitlement reform discussions will have to be hammered out in 2013. >> katie nixon, thanks for being with us. >>> let's hear what washington has to say and we'll talk about that more later on this hour of -- >> tyler, despite what could be positive developments, our economy is still of course to a certain extent being held hostage as we await the outcome
in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a....
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Nov 20, 2012
11/12
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doesn't work well in urban environments. not a fire escape methodology. if you have a yard and some level ground, you've got good shoes, you're not a heavy drinker. >> disqualifies. >> you get a great bird. >> i think everyone is here is thankful for what looks to be the ri vival of the twinkie. can you incorporate it into a turkey dinner? >> you probably could but why would you? >> if you're not allowed to eat a block of pimento cheese beforehand the twinkie is off limits. we have to leave it there. i am starving. thank you to bill, r nora, sam, sam and joy. i wish you all a very happy thanks gill -- thanksgiving, filled with tryptophan and good cheer and remember to grab a copy of sam sifton's book "thanksgiving: how to cook it well." that is all for "now." ari will be in for me tomorrow while i start my thanksgiving celebration on the moon. ari will have a special show from plymouth rock, joined by p.j. crowley, richard wolfe, heather mcghee, jonathan capehart and ben smith. follow us on twitter at "now" with alex. "andrea mitchell reports" is next. in
doesn't work well in urban environments. not a fire escape methodology. if you have a yard and some level ground, you've got good shoes, you're not a heavy drinker. >> disqualifies. >> you get a great bird. >> i think everyone is here is thankful for what looks to be the ri vival of the twinkie. can you incorporate it into a turkey dinner? >> you probably could but why would you? >> if you're not allowed to eat a block of pimento cheese beforehand the twinkie is...
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Nov 19, 2012
11/12
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in the cyber environment, it's the same thing. intelligence is the key to understanding exactly what's occurring, not just what happened, but how and why they did it, and sharing information and intelligence, you have to identify threats before they are a problem. >> host: shawn henry, the guest, formally with the fbi, topic on cyber crimes out there against the country. thank you for your time and insight this morning. >> guest: thank you for having me, appreciate it. >> the mind set of the world well into the 1990s was that wire line access with stuff on poles or buried in the ground was the key to understanding competition and telecommunications. it's not -- the intriguing part of the wireless story is how very few people inside the industry, that's why the mckenzie report came out how it did. it was not just judge green and the fcc who did not understand the potential of wireless. it was the entire industry except for a few visionaries who were sort of regarded as kooks, and what turned out to be the case was the hope that som
in the cyber environment, it's the same thing. intelligence is the key to understanding exactly what's occurring, not just what happened, but how and why they did it, and sharing information and intelligence, you have to identify threats before they are a problem. >> host: shawn henry, the guest, formally with the fbi, topic on cyber crimes out there against the country. thank you for your time and insight this morning. >> guest: thank you for having me, appreciate it. >> the...
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Nov 14, 2012
11/12
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the flow and investment and people follow countries that have a more competitive environment, and taxes is one of them. reform the tax code. when you do that, you get more revenue. guaranteed almost. i mean, it's, again, it's as i said earlier, there's opportunities here, and this is an opportunity for us as a country, and as you look at the budget analysis, joint tax committee analysis of what tax reform could be in terms of economic and growth, i mean, all of them will lead to more growth whether it's corporate tax reform or individual tax reform. >> right, but if the president insists, said last friday, he said this was fought over in the campaign, and we fought over tax rates, rising tax rates, he didn't use the word "rates" himself, but the press secretary said the president would veto any bill that extends tax rates. if he insists rates go up for those making over $250,000, what would your recommendation be to the republican congress in the senate? >> working in two white houses, i believe a president has a veto over the press secretary, thank goodness, because i like the presiden
the flow and investment and people follow countries that have a more competitive environment, and taxes is one of them. reform the tax code. when you do that, you get more revenue. guaranteed almost. i mean, it's, again, it's as i said earlier, there's opportunities here, and this is an opportunity for us as a country, and as you look at the budget analysis, joint tax committee analysis of what tax reform could be in terms of economic and growth, i mean, all of them will lead to more growth...
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Nov 17, 2012
11/12
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i think that we have kept ourselves still in this environment has been extremely competitive and you reference an area for the united states and that's energy. the united states is number one in natural gas. the united states has been working very aggressively in terms of ensuring that it is energy independent and towards this end, just the other day at "the wall street journal" highlighted the fact that the united states is now really grown exponentially in terms of its own oil production. i think were going to see more of that. precious to different powerbase and you were describing in an important range of changes, but another one that's going to matter in terms of the overall geopolitical calculation and our providing a kind of firewall for ourselves, we are doing it in this energy area and that's because of technology and diversity in those technologies. >> one last one for wolfgang and pollock. a year ago there was a lot more pessimistic talk about the failure of the western model, success is state capitalism in china and so forth. there seems to be the markup to mystic town ir
i think that we have kept ourselves still in this environment has been extremely competitive and you reference an area for the united states and that's energy. the united states is number one in natural gas. the united states has been working very aggressively in terms of ensuring that it is energy independent and towards this end, just the other day at "the wall street journal" highlighted the fact that the united states is now really grown exponentially in terms of its own oil...
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Nov 16, 2012
11/12
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he has responsibilities that the environment that the environment and public works committee to i believe he is going to post a reduction of greenhouse gas emissions. >> first of all -- >> how lolita. >> you were supposed to be there, too. >> thank you, senator mccain. i do have to get up to the committee. committee. i did appreciate it let me ask to short questions if i might, and one, i want to get on record in agreeing with the comments that senator mccain made about general allen. secondly, in response to a written question, general, it said you agree to follow recovery of 33,000 u.s. search force in afghanistan for the reduction in u.s. worst level should continue at a steady pace to 2014 be your response was i agree that there will be further troop reductions through 2014, but the pace of the withdrawal over the next 25 months would depend on several factors. one of this is the readiness. we had a hearing, may 10 and you testified at the hearing. i've always considered you to be one of the real top individuals, understanding and evaluating training. and you and i talked about this b
he has responsibilities that the environment that the environment and public works committee to i believe he is going to post a reduction of greenhouse gas emissions. >> first of all -- >> how lolita. >> you were supposed to be there, too. >> thank you, senator mccain. i do have to get up to the committee. committee. i did appreciate it let me ask to short questions if i might, and one, i want to get on record in agreeing with the comments that senator mccain made about...
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Nov 16, 2012
11/12
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system, and so it's awkward to support a group like this, but there is support like this, for this environment. i think it will desolve because there's resistance. >> trevor, i feel when you talk about political operatives on both sides and fundraisers on both sides, and donors, there's a strong word, but there's a self-hating quality to people in the system who feel trapped. i mean this thing will just go on and they will play and get used to it. is that what's sustaining this? what keeps it going? >> well, during the course of the campaign, i had a chance to talk to a range of major republican donors, and even they, i mean, i say "even they" because republicans were more interested in the super pacs, the party embraced them, and citizens united, but romney donors said this is terrible. i don't want to write an up limited check. this is not our the president ought to get selectedded, and we need to talk about this after the election. you know, now eng one of the thing -- i think i'll be doing is circling around so are you interested in changing the system? if you look at it, even the candidat
system, and so it's awkward to support a group like this, but there is support like this, for this environment. i think it will desolve because there's resistance. >> trevor, i feel when you talk about political operatives on both sides and fundraisers on both sides, and donors, there's a strong word, but there's a self-hating quality to people in the system who feel trapped. i mean this thing will just go on and they will play and get used to it. is that what's sustaining this? what...
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Nov 15, 2012
11/12
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KCSMMHZ
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restructuring and says it is on track to return profits in 2013, but high fuel costs and a poor economic environment continued to weigh on profits. air berlin is not alone in going through some turbulence. this is not a great time for europe's airlines. >> many are struggling to stay in business. here's a look at the litany of problems they face. >> scandinavian airline sas is fighting for survival. the carrier has not turned a profit in five years. it is not alone. just last week, spain's flagship carrier said it would cut nearly a quarter of its work force in an effort to remain competitive. sas alone plans to cut more than 1/3 of its 15,000 employees. air france is looking to reduce staff to 45,000 workers. and germany's lufthansa is also in the midst of a painful cost- cutting program. earlier this week, the airline struck a deal with unions to raise cabin crew pay in exchange for no strikes over the christmas holidays. >> coming up, we've got some sports news for you. >> first, some other stories making news around the world. three demonstrators have vented their anger at a german consul. he wa
restructuring and says it is on track to return profits in 2013, but high fuel costs and a poor economic environment continued to weigh on profits. air berlin is not alone in going through some turbulence. this is not a great time for europe's airlines. >> many are struggling to stay in business. here's a look at the litany of problems they face. >> scandinavian airline sas is fighting for survival. the carrier has not turned a profit in five years. it is not alone. just last week,...
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Nov 15, 2012
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caused devastating loss to the victims and environment and under mined the truth seeking function of congress. and by hiding the sevty of the spill b.p. caused another type of harm that is our focus. harm to the shareholders, to the investing public and market all of which are entitled to transparent and complete and accurate information. the eyes of the world were on b.p. in the spring and summer of 2010, the company had an opportunity to provide accurate disclosure about the facts needed by the public to make informed decision about investment and they chose to mislead the public. that is not what we expect from public companies and their management and it is in times of congress the need for accurate information is most acute. i want to recognize the hard work of the f.c.c. staff that conducted this investigation including brian thomas and mat ralph. they are the kind of public serve vants that americans can be proud of. i want to thank the members of the deep water horizon task force. and i want to thank the leadership of the department of justice, the attorney general, associate
caused devastating loss to the victims and environment and under mined the truth seeking function of congress. and by hiding the sevty of the spill b.p. caused another type of harm that is our focus. harm to the shareholders, to the investing public and market all of which are entitled to transparent and complete and accurate information. the eyes of the world were on b.p. in the spring and summer of 2010, the company had an opportunity to provide accurate disclosure about the facts needed by...
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do live it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. to my surprise something you so much for joining me today now i'd like to saddam go back when you were fifteen years old you decided to leave school on one side a magazine pretty much from took on the world that didn't exactly happen but you have managed to achieve a lot of things are you happy with the way the world is right now is a good signal for saying well what the world is extremely good to me. and i've had the job i think of anybody anybody i doubt. and i'm still still up to get i spend quite a lot of my time now all. issues like cold plate resolution issues in the world. and all the state you know the welds i mean if you live in syria today well there's not a happy place a toll that we have a wonderful organization called the elders that are trying to help. resolve a complex attack lakhdar brahimi who's one of the elders you to be s
do live it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. to my surprise something you so much for joining me today now i'd like to saddam go back when you were fifteen years old you decided to leave school on one side a magazine pretty much from took on the world that didn't exactly happen but you...
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Nov 14, 2012
11/12
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant,...
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Nov 19, 2012
11/12
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CNBC
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and low growth environment. that makes sense to me. >> aren't financials a leadership group? if they can't lead doesn't that bode poor for the market? >> we still like financials. i think they're underowned. >> you disagree with the premise? >> we have nim headwind -- >> nim? >> i thought the meant the national institute of mental health. >> maybe, maybe. you can't tell the difference sometimes. >> you've downgraded the financials. >> still overweight insurance. neutral on the banks for a while, the regional banks for a while. it was more specific to the capital market sense of the games, the investment banks, the brokerage firms, asset managers, that kind of area. >> if we get a deal, how much does the market rally? >> i know a lot of clients say they'll chase this market up 2%. they want to be flat. if the market gets a big bid, they'll chase it. i think you'll get a beta chase. i think it's quite possible to be 1430 by year end. >> do you chase it? >> i think if we get a deal mid to late december, that's when
and low growth environment. that makes sense to me. >> aren't financials a leadership group? if they can't lead doesn't that bode poor for the market? >> we still like financials. i think they're underowned. >> you disagree with the premise? >> we have nim headwind -- >> nim? >> i thought the meant the national institute of mental health. >> maybe, maybe. you can't tell the difference sometimes. >> you've downgraded the financials. >> still...
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modern technologies through specialized grant programs and even more arts skills all within a protected environment the school was founded and named for. a scientist who wanted a better way of life for his people but even with the most progressive ideas in education many say they don't want to trade the modern life for their beloved tundra. but i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see here it's a joyful sight. a sentiment that hopefully ensures that russia's northern reindeer will have caretakers for generations to come. it is a. time this is our with me of all research showing that the u.s. campaign in afghanistan has suffered a military grade below with at least two celebrity generals and veterans of the intervention falling from grace a sex scandal that started with revelations of the ex cia chief having an affair has now claimed the reputation of the current afghan campaign. catherine off as the latest on that. in the papers here in afghanistan for transit star and battlefield felled at cia by an affa
modern technologies through specialized grant programs and even more arts skills all within a protected environment the school was founded and named for. a scientist who wanted a better way of life for his people but even with the most progressive ideas in education many say they don't want to trade the modern life for their beloved tundra. but i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see here it's a...
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Nov 13, 2012
11/12
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but this doesn't advance yemen down the road and doesn't create the environment that we all want to see in yemen which is a place where al qaeda doesn't have safe havens. >> ibrahim. >> thank you. that's a very good question. i have an op-ed in the -- that came out yesterday that addresses this issue in particular. and about hadi sending his congratulations to the new term for president obama and the issue of actually in his congratulations thanking him for dealing with counterterrorism policies. let's keep in mind that no president -- president hadi is actually part of the old regime. he was the vice president of president saleh and he's a military man. he's a military man with a military history and the vice president of the old regime, of the old president, and he was part of the policies that have been adopted in the past decade. so that's one. from the number of statements that hadi talking about -- -- the military units which is one of the major challenges that president hadi's facing now. and actually that will have success or failure in the interim phase that he's leading now. t
but this doesn't advance yemen down the road and doesn't create the environment that we all want to see in yemen which is a place where al qaeda doesn't have safe havens. >> ibrahim. >> thank you. that's a very good question. i have an op-ed in the -- that came out yesterday that addresses this issue in particular. and about hadi sending his congratulations to the new term for president obama and the issue of actually in his congratulations thanking him for dealing with...
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Nov 15, 2012
11/12
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, but not this environment, the level of focus and needs to be placed on this challenge in this environment is much different than they have experienced another environment. i need to make sure that the level of leadership focus and attention we're putting on this now is institutionalized. one of the features of military services, next summer i'm going to have turned over half my commanders. people come in from all sorts of different places who are part of this challenge right now and they need to have been focused on this and i don't want to depend if they just heard about it because it won't work. i've got enough experience to know that. so i need to institutionalize the leadership focus on this and that's why i'm going to have a charter, a regular meeting schedule for the oversight council so that among other things on a changeover over half the leadership team next year, i've got an institutional way to keep them focused on a problem that if you take it out of your crosscheck coming in now, for very long it will get out of control. >> is that the underlying issue seemed to be a dispropo
, but not this environment, the level of focus and needs to be placed on this challenge in this environment is much different than they have experienced another environment. i need to make sure that the level of leadership focus and attention we're putting on this now is institutionalized. one of the features of military services, next summer i'm going to have turned over half my commanders. people come in from all sorts of different places who are part of this challenge right now and they need...
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that not only create a boatload of jobs they also reduce our demand for foreign oil and they make our environment cleaner all good outcomes from an investment. money put toward infrastructure like new roads bridges high speed rail systems these are all investments that will make it cheaper and easier for businesses to ship goods across the country or for americans to travel on vacation money put into health care research is an investment that will cut down on the costs the diseases inflict on our economy and as a bonus gives us a healthier more productive workforce even money put towards social welfare programs like food stamps and unemployment benefits turns out to be investments movies not some left wing think tank movies did research in on this and found that for every dollar invested in expanding the food stamp program you cut to me generates an additional dollars seventy three and for every dollar invested in unemployment benefits the the economy generates an additional dollars sixty four that's a pretty good return on investment president obama often uses the word investment in referring to
that not only create a boatload of jobs they also reduce our demand for foreign oil and they make our environment cleaner all good outcomes from an investment. money put toward infrastructure like new roads bridges high speed rail systems these are all investments that will make it cheaper and easier for businesses to ship goods across the country or for americans to travel on vacation money put into health care research is an investment that will cut down on the costs the diseases inflict on...
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Nov 17, 2012
11/12
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you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic energy resources, refuses the keystone pipeline which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the deficit was caused by other spending. the wars and
you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic...
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Nov 14, 2012
11/12
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CSPAN2
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tomorrow our committee on environment and public works, which the presiding officer serves on with such distinction, will hold a legislative hearing on the water resources development act. i appreciate very much chairman boxer's response to storms like sandy and the foresight she had to include a post-disaster program in the draft that will help states like mine recover from extreme exreem events such as hurricane sandy. also included is the northeast coastal restoration program aimed at building the natural and manmade barriers and wufers bufers from that protect our lives, our infrastructure and our natural resources from storms like sandy. when average temperatures rise you can also expect daily temperature records to be broken. and when average sea level rises, you can also expect an increase in peak coastal flooding. in fact, we have seen thousands of daily temperature records broken and costly coastal flooding, and the pain and damage caused by these extreme events has inevitably turned the nation's he attention to climate change. that is why a growing chorus of choices is convinc
tomorrow our committee on environment and public works, which the presiding officer serves on with such distinction, will hold a legislative hearing on the water resources development act. i appreciate very much chairman boxer's response to storms like sandy and the foresight she had to include a post-disaster program in the draft that will help states like mine recover from extreme exreem events such as hurricane sandy. also included is the northeast coastal restoration program aimed at...
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Nov 14, 2012
11/12
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CSPAN2
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this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more growth, whether corporate tax reform or individual tax reform. >> right but if the president insists as he did last friday, this was fought over in the campaign and, fought over tax rates, rising tax rates, he didn't ice the words rates himself but jay carney, the white house press secretary said the president will veto any bill that extends the current tax rates. if he insists that tax rates go up for those making over $250,000, what's, what would your recommendation be to the republican congress and senate? >> first having worked in two white houses i believe a president does have a veto over
this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more...
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Nov 16, 2012
11/12
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CNBC
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in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not dependent on any single market. >> about 90 million in net proceeds to the company from this ipo. what are you going to do with the money? >> i think we will buy some shoes. no. >> that's a lot of shoes. >> there's a lot of investment to be made. we feel very strong about the market so in the near term we are going to certainly invest in our engineering and sales and service but also i think, you know, there are lots of technologies in adjacent markets that are interesting. we may want to grow faster than we would -- >> thank you for stopping by. selina lo
in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not...
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it's a question more more. and people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. here is mitt romney trying to figure out the name of that thing that we americans call a donor night concludes the longest and while this campaign in our history colors in the eleventh world that made for not a claim before our eyes that some are good friends. with twists and turns that have been the hallmarks of this campaign for you to watch what we're about to do good you've never seen anything like this until. the tough guys i'm abby martin so yesterday holly solomon of arizona was arrested and charged with aggravated aggravated assault with reckless driving after running her husband over with their s.u.v.s why you may ask why she was pissed off at it in a vote in a presidential election she said their family would quote suffer because of president obama's reelection i guess you could say she was politically driven but clearly what she d
it's a question more more. and people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. here is mitt romney trying to figure out the name of that thing that we americans call a donor night concludes the longest and while this campaign in our history colors in the eleventh world that made for not a claim before our eyes that some are...
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Nov 17, 2012
11/12
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but there is support for it in this environment. the system will dissolve because there's resistance. >> trevor, i often feel when you talk to political operatives on both sides and fundraisers on both sides and donors, there's a strong word, but it's kind of a self hating quality to the people who are participating in the system. they feel trapped. this thing is going to go on and therefore the plaintiff used to it. is that what is sustaining this? >> well, during the course of the campaign i had a chance to talk to a range of major republican donors and even may feel republicans are more interested in the super pacs. the party had embraced them and citizens united. i thought rummy donors say to me, this is terrible. i don't want to rent an unlimited check if this is not our president not to get selected and we need to talk about this after the election. so now i think one of the things that i be doing is certainly untruths are you back around and say are you into changing the system? if you look at it, even the candidates are pris
but there is support for it in this environment. the system will dissolve because there's resistance. >> trevor, i often feel when you talk to political operatives on both sides and fundraisers on both sides and donors, there's a strong word, but it's kind of a self hating quality to the people who are participating in the system. they feel trapped. this thing is going to go on and therefore the plaintiff used to it. is that what is sustaining this? >> well, during the course of the...
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Nov 14, 2012
11/12
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KPIX
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those also take a toll on the environment but about 50% do get recycled. that's compared to about 5% of plastic bags. but manufacturers say banning the bags is unfair. >> the amount of litter nationally that plastic bags produce is less than half of 1%. >> reporter: marine scientis is with the advocacy group heal the bay and says in los angeles plastic bags make up closer to 25%. >> litter on the streets gets washed through the storm sewer system, through our waterway systems. and plastic bags are part of that trash. >> reporter: she says since the floating plastic can resemble jellyfish animals like sea otters confuse it for food. the future of plastic bags can depend on what happens in los angeles. l.a. is studying the impact of banning its own bag and could be the largest city in the country to ban plastic bags. >> coming up after your local news on cbs "this morning" new developments in the scandal involving general david petraeus and john allen. we'll get reaction from former chairman of the joint chief of staff richard myers who knows both men. congr
those also take a toll on the environment but about 50% do get recycled. that's compared to about 5% of plastic bags. but manufacturers say banning the bags is unfair. >> the amount of litter nationally that plastic bags produce is less than half of 1%. >> reporter: marine scientis is with the advocacy group heal the bay and says in los angeles plastic bags make up closer to 25%. >> litter on the streets gets washed through the storm sewer system, through our waterway systems....
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modern technologies through specialized grant programs and even learn arts skills all within a protected environment the school was founded. a scientist who wanted a better way of life for his people but even with the most progressive. ideas and education many minutes say they don't want to trade the modern life for their beloved tundra. but here i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see deer it's a joyful sight. a sentiment that hopefully ensures that russia's northern reindeer will have caretakers for generations to come. thanks for joining us here on our day gaza's governing party hamas says its military leader. was killed today and they say it was a targeted assassination by israel which has been staging airstrikes on gaza for the past week we now understand of this just coming in that israeli authorities are now using this as an excuse to levy some sort of strike against gaza let's cross over to walk he's told bob and he's live in telling. us more on this tom good to see you let's talk about any reacti
modern technologies through specialized grant programs and even learn arts skills all within a protected environment the school was founded. a scientist who wanted a better way of life for his people but even with the most progressive. ideas and education many minutes say they don't want to trade the modern life for their beloved tundra. but here i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see deer it's a...
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Nov 12, 2012
11/12
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FBC
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very hard to exist in this environment. now that you have four more years of president obama, -- melissa: smaller is better. caesar did you will not get a relaxation of dodd-frank. higher taxes, smaller paychecks. get used to it. lori: there are renewed worries about what is coming around the next quarter. melissa: just how negative is that negative guidance? we have what you need to know. ♪ all eyes, right here. this is our year. i thought it was last year... turns out i was wrong. none of us would walk in here and settle. that's how we are! i forgot what i was goi to say. patrick, i want 100% commitment! because i care man, ok? who are we!? 49ers! 49ers! 49ers! yeah! [ all cheering ] what the heck is going on in here? sorry coach, i just got a little carried away. alright, i think we're good. [ morgan ] for a chance to be in a locker room on game day and more... join visa nfl fan offers and make your season epic. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, no matter which list you'
very hard to exist in this environment. now that you have four more years of president obama, -- melissa: smaller is better. caesar did you will not get a relaxation of dodd-frank. higher taxes, smaller paychecks. get used to it. lori: there are renewed worries about what is coming around the next quarter. melissa: just how negative is that negative guidance? we have what you need to know. ♪ all eyes, right here. this is our year. i thought it was last year... turns out i was wrong. none of...
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Nov 17, 2012
11/12
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CSPAN2
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as we all know white house environment -- involvement was not an isolated incident. the energy and commerce committee of the house of representatives, e-mails specifically refer to joe biden and his staff advocating for solyndra, the solar panel company that received $528 million in loan guarantees before declaring bankruptcy in september of 2011. solyndra was rushed through in september of 2009 so that vice president joe biden could appear at the opening on september 4th. on august 31st, days before and, a communications aide to the vice president asked them to speed this up and there was pushed back from career staff at the office of management and budget. kevin carroll was chief of the office of management and budget energy staff, quote, i would prefer this announcement be postponed. this is the first loan guarantee and we should have a full review with all hands on deck to make sure we get it right. they didn't get it right and five hundred twenty-eight million taxpayer dollars were lost. it could be seen that the energy loan guarantees and a notoriously unsucces
as we all know white house environment -- involvement was not an isolated incident. the energy and commerce committee of the house of representatives, e-mails specifically refer to joe biden and his staff advocating for solyndra, the solar panel company that received $528 million in loan guarantees before declaring bankruptcy in september of 2011. solyndra was rushed through in september of 2009 so that vice president joe biden could appear at the opening on september 4th. on august 31st, days...
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Nov 19, 2012
11/12
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CNBC
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on the back of -- you know, just positive improvement in environment for the financials overall. steve saying that -- of the financials bank of america has the most eps leverage to bounce back in this environment. bank of america biggest percentage gain other the dow. leading financials higher. >> josh brown, buyer here? >> no. i actually on a technicality base list tell you that $10, can clear there with conviction, meaning high volume, and then retest and stay above. that's a really -- safe entry point to buy for a short term trade. under ten, i still there are there are too many sellers and your way. i would wait for that confirmation and think it is worth it. >> are you positive on any of the banks? you are negative on the overall market a little bit. >> we like -- we like and we are long. berkshire hathaway which is the largest holdser of wells fargo and very heavily leveraged to the at the same time thing most of the banks are. home building and mortgages. we would prefer to play through the b shares of berkshire than owning any of these banks outright. especially something
on the back of -- you know, just positive improvement in environment for the financials overall. steve saying that -- of the financials bank of america has the most eps leverage to bounce back in this environment. bank of america biggest percentage gain other the dow. leading financials higher. >> josh brown, buyer here? >> no. i actually on a technicality base list tell you that $10, can clear there with conviction, meaning high volume, and then retest and stay above. that's a...
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it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. good afternoon welcome to capital account i'm more in the store here in washington d.c. these are your headlines for tuesday nov thirteenth two thousand and twelve the new york stock exchange suspended trading and more than two hundred companies for most of the trading day yesterday according to the f.t. guess why a technical glitch so added to the list last crash facebook like out all high frequency trading a component involves the f.t.c. commissioner bart chilton is on the show to talk about what should be done and why it's taken so long to be frank and wall street journal reports a federal jury cleared two former money market mutual fund managers of fraud charges. this reportedly gets to the issue we've seen so often of how difficult it is to prove intent in these financial fraud or manipulation cases so does the law need to change when i
it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. good afternoon welcome to capital account i'm more in the store here in washington d.c. these are your headlines for tuesday nov thirteenth two thousand and twelve the new york stock exchange suspended trading and more than two hundred companies for...
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Nov 14, 2012
11/12
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just stop the cut in an environment where it is absolutely essential. i had no children. maybe i will not feel it did not much. but like the last caller said i am ready to pay my their share. and the thing is that fairness is not guaranteed. but this is where i put my emphasis, what is democracy? we have got to try to work and create fairness. a graduated income tax is the best way to pay according to the ability to pay. the more you give, the more you pay. what is complicated? guest: the caller brings up a great point. this idea of tax fairness. who should pay more? another caller brought up before. what this caller is scion is that something that the president echoed again and again on the campaign trail. and he feels like this as part of the government moving forward. part of the tax fairness issue is at the wealthy should pay more to help pay down the deficit. the other caller was saying he feels like more people should pay federal income taxes to pay down the federal it deficit. this is sort of the two ways that the parties beer taxes or one way that they do. the fac
just stop the cut in an environment where it is absolutely essential. i had no children. maybe i will not feel it did not much. but like the last caller said i am ready to pay my their share. and the thing is that fairness is not guaranteed. but this is where i put my emphasis, what is democracy? we have got to try to work and create fairness. a graduated income tax is the best way to pay according to the ability to pay. the more you give, the more you pay. what is complicated? guest: the...
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Nov 13, 2012
11/12
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CSPAN
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corruption and linking it with business minded approaches to aids, and therefore leveraging it to create the environment for investment. in the dodd-frank bill, there is an amendment that make select all -- makes it law that the extractive industry, mining, oil, gas, registered on the new york stock exchange, it is law that they have to publish what they paid for those mining rights. it sounds obvious, doesn't it? the truth is that right now, the american petroleum institute's is suing the sec to try and overthrow that. that is astonishing. i know people and oil companies who are amazing people, and it is very important to energy here. in this case it is not a political issue. europe and america are going to make this outlandish opacity, and if that is not a word, i would like to suggest it to the oxford dictionary. when you publish what you pay, then the civil societies in those regions get to hold the government to account. that is one of the best things you can do to stimulate business investment. thank you. >> i am stating international development so this is close to my heart. how we develop the pe
corruption and linking it with business minded approaches to aids, and therefore leveraging it to create the environment for investment. in the dodd-frank bill, there is an amendment that make select all -- makes it law that the extractive industry, mining, oil, gas, registered on the new york stock exchange, it is law that they have to publish what they paid for those mining rights. it sounds obvious, doesn't it? the truth is that right now, the american petroleum institute's is suing the sec...
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Nov 15, 2012
11/12
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CSPAN
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host: environment, public works are among the committee's senators sanders sits on. he was the mayor of burlington. gloria from texas. caller: good morning. can used to that chart that you showed earlier about what they would be paying in taxes? host: we will get the ready for you. did it concern you? caller: everybody is talking out devastating it will be to go over the cliff. people making under $20,000, $7.50 a week. there is only $270 a week. i didn't think the country will be devastated if those tax rates become effective. president obama did get a mandate to implement the taxes. he won over 2.9% of the popular vote. that is a greater percentage, not counting bush, who did not win the popular vote. host: this comes from the tax policy center and shows with the tax increases could be. guest: that is a significant tax increase and we have to avoid it. the president has urged and i support -- let's vote today on making sure that the bottom 98% of taxpayers in this country, people up to $250,000, we will make sure they will continue to get the tax breaks for the las
host: environment, public works are among the committee's senators sanders sits on. he was the mayor of burlington. gloria from texas. caller: good morning. can used to that chart that you showed earlier about what they would be paying in taxes? host: we will get the ready for you. did it concern you? caller: everybody is talking out devastating it will be to go over the cliff. people making under $20,000, $7.50 a week. there is only $270 a week. i didn't think the country will be devastated if...
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Nov 14, 2012
11/12
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freedom and not dependency provides the environment needed to achieve these goals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our religious institutions. the solution can only come from rejecting the use of coercion, compulsion, government commands and aggressive force to most social and economic behavior. without accepting these restraints, inevitably the consensus will be to allow the government to mandate economic equality and obedience to the politicians who gain power and promote an environment that smothers the freedoms of everyone. it is then that the responsible individuals who seek excellence and self-esteem by being self-relyant and productive become the vills. in conclusion, one of the greatest
freedom and not dependency provides the environment needed to achieve these goals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our...
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Nov 16, 2012
11/12
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you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic energy resources, refuses the keystone pipeline which would bring jobs and energy down to america, they reject that. that is not attractive in terms of global investment and job creation. the caller also talked about what caused the deficit then been a lot of charts and graphs dispel some myths. over four years, the total deficit was 5000 $92 billion. the taxes on the wealthy over that same time was $136 billion. all other americans was $544 billion. total cost of the bush tax cuts and the wars was about $1.30 trillion which means 75% of the deficit was caused by other spending. the wars and
you have to benchmark what your tax environment, your regulatory environment, your energy costs. the good news is in terms of getting manufacturing, we're still the world's largest market. when global investors take a look at the u.s., and canada's rate is 15% and hours is 35%, where are you going to site your plant? $1.75 trillion a year, a number that is larger than all but 80 economies in the world. it is not particularly attractive. when this administration refuses to utilize our domestic...
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Nov 15, 2012
11/12
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CSPAN2
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in the name of saving the environment. for example, for the same -- it would take a row of 50 wind turbines from the appalachian trail to maine, that's 178 miles, to produce the same amount of electricity that four nuclear reactors would produce. the best way, mr. president, to produce cheap, clean energy in the united states is to let the marketplace do it, let the marketplace do it, not to subsidize jobs for technology that can stand on its own and produces only a small amount of unreliable electricity. so, mr. president, let's use this week to celebrate but let's celebrate the end of the temporary 21-year-old wind production tax credit and use the $12.1 billion saved to reduce the federal debt. thank you, mr. president. i yield the floor. a senator: mr. president? the presiding officer: the senator from louisiana. ms. landrieu: thank you, mr. president. i have come to the floor to speak just briefly about a very exciting opportunity and occurrence that we celebrate and honor every november, and that is the opportunity t
in the name of saving the environment. for example, for the same -- it would take a row of 50 wind turbines from the appalachian trail to maine, that's 178 miles, to produce the same amount of electricity that four nuclear reactors would produce. the best way, mr. president, to produce cheap, clean energy in the united states is to let the marketplace do it, let the marketplace do it, not to subsidize jobs for technology that can stand on its own and produces only a small amount of unreliable...
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Nov 18, 2012
11/12
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they are concerned about food safety and the environment. the quality of life issues. host: walk us through the new leadership in china. guest: they cut it down by two. let's talk and more decisions. xi jinping will be the head of the military. host: his background. guest: he is to run large coastal provinces -- he used to run large coastal provinces. he has lineage with mao tse- tung. the person who will be the premier is ranked number two in the party. host: what is his background? guest: he came from a poor province. he has a ph.d. from a famous university in china. he has a solid command of english. he is seen as more of a reformer. host: is there a strong middle- class or is there a disparity between the poor and the wealthy in china? guest: that is the most serious problem for the leadership to address, social inequality. there are 200 million people are considered middle class. they are demanding an expecting different things from the leadership that they may or may not be able to deliver. host: the president is circling china through southeast asia and not goin
they are concerned about food safety and the environment. the quality of life issues. host: walk us through the new leadership in china. guest: they cut it down by two. let's talk and more decisions. xi jinping will be the head of the military. host: his background. guest: he is to run large coastal provinces -- he used to run large coastal provinces. he has lineage with mao tse- tung. the person who will be the premier is ranked number two in the party. host: what is his background? guest: he...
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Nov 18, 2012
11/12
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MSNBCW
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much more unpredictable environment with the event occurring here as we saw it in 2008. >> okay. p.j., tell me about this iron dome defense system. what that is about and the upgraded hamas weaponry. where does this weaponry come from? mouth how does all of the technology change the equip there? >> hamas upgraded missile systems, undoubtedly support for a variety of countries. particularly iran. because of the political changes here, egypt has relaxed its enforcement of the border between gaza and egypt making smuggling of these systems in to gaza more easy. then of course i will you have a little bit of the -- the building of an ingij nous missile capability in gaza since sit israel retreated in 2007. the iron dome is a major project of cooperation between israel and the united states. it undercuts one of the major arguments in the campaign that there was a lack of attention to israel's defense needs when in fact there is a great manifestation of significant security cooperation and obviously what we are seeing is it with was not a perfect system. but it has been an effective sy
much more unpredictable environment with the event occurring here as we saw it in 2008. >> okay. p.j., tell me about this iron dome defense system. what that is about and the upgraded hamas weaponry. where does this weaponry come from? mouth how does all of the technology change the equip there? >> hamas upgraded missile systems, undoubtedly support for a variety of countries. particularly iran. because of the political changes here, egypt has relaxed its enforcement of the border...
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Nov 14, 2012
11/12
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CNBC
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especially the thing about the ip spending environment, it's a tough spending environment. security is one of the few sub sectors that's holding up well and that's kind of a glimmer of hope in a tough macro. >> i presume they'd have to pony up, though. daniel, good to see you. thank you for joining us. >> looking for silver lining amid the cyber security storm clouds. >> one story to leave you with, in queensland in australia, earlier this morning they got a full solar eclipse, completely blocked out the sun at 6:39 local time. we might just see it before we go. >> wow. it's amazing. >> there we go. we've got it. >> and on that lunar shot, kelly and i will say goodbye. "squawk box" is up next. >> we'll see you back here tomorrow. >>> the looming fiscal cliff. some of the nation's best-known ceos are headed to the white house today to meet the with the president. >>> on the economic agenda, key reads on the consumer and inflation and that happens before the bell. in corporate news, cisco's first quarter results beat the street, but ceo john chambers cautions of flat earnings
especially the thing about the ip spending environment, it's a tough spending environment. security is one of the few sub sectors that's holding up well and that's kind of a glimmer of hope in a tough macro. >> i presume they'd have to pony up, though. daniel, good to see you. thank you for joining us. >> looking for silver lining amid the cyber security storm clouds. >> one story to leave you with, in queensland in australia, earlier this morning they got a full solar...